Search For "and services tax"
Finance Ministry recounts Jaitley's legacy by recounting GST benefits
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 24 (ANI): The Finance Ministry on Monday recounted several achievements of former Finance Minister Arun Jaitley who heralded the Goods and Services Tax (GST) and passed away a year ago.
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Businesses with annual turnover of up to Rs 40 lakhs are GST exempt: Finan
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 24 (ANI): Businesses with an annual turnover of up to Rs 40 lakhs are Goods and Services Tax (GST) exempt and those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only one per cent tax, the Ministry of Finance said on Monday.
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E-vehicle manufacturers in Ludhiana demand GST reduction on batteries
Updated : 5 years, 9 months ago IST
Ludhiana (Punjab) [India], Aug 14 (ANI): The e-vehicle manufacturers in Punjab's Ludhiana have said that even though the sales of e-vehicles would increase after permission of selling and registering them without pre-fitted batteries, the Goods and Services Tax (GST) on the batteries should
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Delhi HC dismisses PIL seeking directions to Centre to classify masks, san
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 13 (ANI): The Delhi High Court dismissed a public interest litigation (PIL) seeking direction to the Centre to classify masks and sanitisers as essential commodities, regulate their prices and reduce the Goods and Services Tax (GST) on alcohol-based sanitisers.
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GST collections in July fall 14 pc y-o-y due to COVID lockdown
Updated : 5 years, 10 months ago IST
New Delhi [India], August 1 (ANI): The Goods and Services Tax (GST) revenue collections in July totalled Rs 87,422 crore, 14 per cent less than in the year-ago period as economic activities slowed due to COVID-19 led countrywide lockdown, the government said on Saturday.
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Centre releases Rs 1,65,302 cr as GST compensation to states, UTs for FY
Updated : 5 years, 10 months ago IST
New Delhi [India], July 27 (ANI): The Centre on Monday released Rs 1,65,302 crores as Goods and Services Tax (GST) compensation to states/Union Territories for the financial year 2019-20 against cess collection of Rs 95,444 crores.
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Bring diesel under GST: lorry owners in Tamil Nadu
Updated : 5 years, 10 months ago IST
Chennai (Tamil Nadu) [India], July 24 (ANI): The Tamil Nadu Lorry Owners Association on Friday staged a protest against the hike in diesel prices and demanded that diesel should be brought under the Goods and Services Tax (GST).
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1,377 exporters fraudulently claim Rs 1,875 cr IGST refund, untraceable
Updated : 5 years, 10 months ago IST
New Delhi [India], July 17 (ANI): 1,377 exporters who have been fraudulently claiming Integrated GST refund amounting to Rs 1,875 crores, have been found untraceable at their principal place of business, said Union Finance Ministry sources.
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Warehousing demand grows by 44 pc CAGR in past three years: Knight Frank I
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Warehousing demand across the country has recorded 44 per cent compound annual growth rate since 2017, mostly after the introduction of Goods and Services Tax (GST), Knight Frank India said in its latest report released on Thursday.
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GST collections in June at Rs 90,917 crore
Updated : 5 years, 11 months ago IST
New Delhi [India], July 1 (ANI): Goods and Services Tax (GST) revenue collection in June stood at Rs 90,917 crore, up from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April on Wednesday.
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Prices of petrol and diesel should be brought under GST, says Congress
Updated : 5 years, 11 months ago IST
New Delhi [India], June 14 (ANI): Congress on Sunday demanded that Petrol and Diesel should be brought under the Goods and Services Tax (GST) while attacking the government over increase in fuel prices.
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Govt provides GST relief for small taxpayers to offset COVID-19 impact
Updated : 5 years, 12 months ago IST
New Delhi [India], June 12 (ANI): The Goods and Services Tax (GST) Council on Friday decided to waive off fees for late filing returns between July 2017 to January this year in a bid to minimise the impact of COVID-19 crisis on micro, small and medium enterprises (MSMEs).
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